In 2019, the global mining industry reported total revenues of almost *** billion U.S. dollars. Projections made based on the impact of the COVID-19 pandemic on the mining business indicated that on a muted recovery from the pandemic, this industry's revenue will amount to some **** billion U.S. dollars in 2020, and *** billion U.S. dollars in 2021.
Only under a scenario where the virus is successfully contained and there is a strong rebound would the global mining industry revenue recover by 2021 to levels similar to 2019.
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McKinsey & Company. (May 11, 2020). Revenue change projections of the mining industry worldwide from 2019 to 2021, by scenario (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 27, 2026, from /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/
McKinsey & Company. "Revenue change projections of the mining industry worldwide from 2019 to 2021, by scenario (in million U.S. dollars)." Chart. May 11, 2020. ÌÇÐÄÆÆ½â°æ. Accessed July 27, 2026. /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/
McKinsey & Company. (2020). Revenue change projections of the mining industry worldwide from 2019 to 2021, by scenario (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 27, 2026. /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/
McKinsey & Company. "Revenue Change Projections of The Mining Industry Worldwide from 2019 to 2021, by Scenario (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 11 May 2020, /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/
McKinsey & Company, Revenue change projections of the mining industry worldwide from 2019 to 2021, by scenario (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/ (last visited July 27, 2026)
Revenue change projections of the mining industry worldwide from 2019 to 2021, by scenario (in million U.S. dollars) [Graph], McKinsey & Company, May 11, 2020. [Online]. Available: /statistics/1168807/global-mining-industry-revenue-change-covid-19-by-scenario/